The cheapest bitcoin ETF yet: Morgan Stanley uses 0.14% fee to draw $100 million in first week
Morgan Stanley’s (MS) spot Bitcoin exchange-traded fund (ticker MSBT) attracted more than $100 million in inflows in its first week on the market, signaling strong early demand for the bank’s latest foray into digital assets. The fund, which began trading on April 8, tracks the CoinDesk Bitcoin benchmark New York 4 p.m. settlement rate and…